Btctalk name: Oshosondy
Btctalk URL: https://bitcointalk.org/index.php?action=profile;u=2819049
Rank: Full member
Merit: 242
Current post count: 896
BGL address: bgl1q9kptf459244akzq5cc7t090c9tqlqss0d4jzmj

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I am now a senior member some hours back, I will prefer senior member spot during the selection if possible. Thanks.

So sorry for that, the minimum deposit is in their terms of services. But, let see what will happen, let's see if their customer care can do something about it to recover you fund for you. But, try to always to read terms of service before using any site. The fault is now from you, but hopefully something can be done.

https://sportsbet.io/support/faq

Before the onset of cryptocurrencies, there were scammers, some people try all ways to make sure they avoid scam, some looks for many ways and have greater chances to not fall being scammed, that is why people need to know many of the ways scammers operate to scam people, this will help people to avoid the bad online actors.

The main reason for this thread is not about scammers but about custodial companies that are now making use of cryptocurrencies to easily scam people. These custodial companies are legit exchanges and other ones like crypto gambling sites and others that their users make use of cryptocurrencies as deposit and withdrawal.

Many people because of privacy make use of bitcoin coinjoin wallet, they will deposit into such their account, but their account will be locked, I know many people that are not scammers make use of wallets that coinjoin, payjoin or mixes. They will not know that exchanges or other companies like that will know such transaction, they will pay bitcoin into their account on the company site and their account will be locked,they will be unable to use the account.

It is not only about coinjoin, but many other reasons why account will be locked. That aside, there are many other ways these companies are making money from people, like:

1. Paying a token into your account that their company is not yet supporting, the token will be lost
2. Mistake deposit of bitcoin into bitcoin cash address or otherwise
3. Not making use of memo, tag or message for coins that support it like binance coin and ripple

My advice
1. Have your private key
2. Depend more on noncustodial wallets
3. Make use of noncustodial exchange if it can carry out the task your want
4. Do not send coinjoined bitcoin to custodial exchanges
5. Also, not among but necessary. Try all ways to avoid scammers.

I am not saying you should not make use of custodial companies, but be careful of all ways they can steal your coins. Know that if you want to have the full control of your coin, you need the private key, custodial companies can not give you the private key, they have it. But noncustodial wallets will generate private key for you.

I have a question
Where are the coins of the custodial account that are locked be transferred to. With it be transferred to the government or the exchange uses the power they have to let the coins remain with them which is a scam.

USDT is built on different blockchains. Omini layer USDT that support bitcoin blockchain, ERC20 USDT that support ethereum blockchain, TRC20 USDT on Tron blockchain. Iam not certain for now, but possibly USDT is also built Solana.

But I have used TRC20 USDT before which is built on Tron blockchain. The ones built on bitcoin and ethereum blockchain will require high transaction fee as well, but the one built on Tron blockchain has very low fee. You can try it out if you do not know yet and see how low the fee is.

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P.S. Although, if you want to use TRC20 USDT, you will need to change one of your rules, for campaign participates to change their USDT address to TRC20 USDT. This is just a suggestion.

You can check these links:

Check-list for running a bitcoin ATM
How to buy bitcoins using ATM
Real-life bitcoin ATM metrics
ROI Calculator
How to Start a Bitcoin ATM Business

Bitcointalk Name: Oshosondy
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=2819049
BItcointalk Rank: Full member
Current post Count: 890
USDT Address: 0x51Be9F83a448954BF9d599f38181410a07bc70F7
Merit Post: 234

You are right, we need to have all ways possible to secure our coins in ways our hire can inherit it, some coins have been lost even before someone even pass away, all this needs to be addressed. We should make sure we secure our bitcoin into complete safety, teach or children all about bitcoin so that they will know ways to to recover the coins when someone is gone.

If not bothered for hire to know the value of bitcoin stored, multisig wallet is better, creating M of N wallet.

But some people may not like their hire to know about it, sharmir secret sharing will be better.

Also is a time locked ways of protecting the coin until the moment owner is unable to do usual things that will let the coins to remain in his wallet like per year, if such not done, then the coin will be release into a particular address.

But I prefer multisig or sharmir secret sharing. If the hires know what they are doing, they will be able to recover all the bitcoin back easily.

I think if your company wants to run a signature campaign on this forum, you can get in touch with any of the campaign managers of your choice.

Overview of Bitcointalk Signature Anti-Spam Campaign Managers

You can try to contact CryptopreneurBrainboss, Yahoo62278, Hhampuz or Coolcryptovator for appropriate advice. They are one of the reputable campaign managers on this forum.

I was able to work under the campaign managed by yahoo62278, all I can say is that he is a good manager. If you have a campaign and need a manager, yahoo62278 is one of the best choice.

Hhampuz is a good campaign manager, he is not new to campaign management, he is serious with his business is the reason companies like to hire him, this is obvious.

I thought they were connecting two users together before not knowing the addresses users are sending to are from them. That means they are centralized and I removed both immediately as many others and including you corrected me. But the main reason I post this is because of centralized exchanges, or any other centralized companies. Not only these two mention are thieves, but there are was these companies will steal from people in a way people will not be able to accuse them. Like sending another token to another token address, all needed in this case is private key that connect the tokens together, some may send coins to the ones that require meme, tag or message, this do not happen on noncustodial, only the address is needed, some custodial company may not even give the warning and the user will lose the coin that went into the custodial company wallet. Another is the so called BSC (binance smart chain) that the same token share same ethereum address but the other on BSC, some exchanges are not supporting BSC and a way to lose tokens if send from ERC20. Another is sending bitcoin cash to bitcoin or bitcoin to bitcoin cash address. There are few cases the exchanges will help but there are many more cases the coins and tokens are lost forever, what will not happen on noncustodial exchanges.

I will research about these other two exchanges and add it along too, I think they do not really have high trading volume will be the reason I did not see it in the first place, but I have noticed some other posts on this forum that recommend these other two exchanges. I will research about both and add it soon.

Nice one, I am just seeing this thread today, I ought to have posted some good bitcoin price contents on this thread. When bitcoin was at $56600 recently, I created a thread.

The price of bitcoin may go bull soon

When miners are holding, some institutions are still buying, whales have sold in February till March which depleted address having 1000 btc, while whales now also not selling. This could have been the reason for the recent increase.
 
But I still do noticed one more thing, even as at that, $60,000 has now being a strong resistance, until institutions decide to pump it at the point.
 

The transaction below was with a high fee (high fee estimate), I did not use the normal or low fee estimates, not to talk of using fee customization that will make the transaction much more smaller. Litecoin fee is very low.

I have rather prefer to use bitcoin for transaction because of the little inconveniences ethereum tokens can bring up, ethereum transaction fee on exchanges is very high, the last time I check on binance, it amounts to $10 at $1800 ether price. Also sending tokens requires the gas fee which is still also high especially for tether. I still always prefer to make use of bitcoin for such transactions or use altcoins with low fee.

You are absolutely correct, I was even unable to find Changelly and Coinswitch as part of decentralized exchanges, but what makes me confused is that both can act on some noncustodial exchange as a third party in exchanging coins without requiring for KYC, I thought they are decentralized because of that, but according to the lists of decentralized exchanges on coinmarketcap, I did not see both. I have removed both, it remain only the truly decentralized ones now in OP board.

This is not about p2p exchanges because there are many custodial exchanges that are p2p, even Localbitcoins is not decentralized but just p2p with tedious KYC and AML.

Do you mean gambling additcs? If you mean gambling addicts, it is very difficult to stop gambling, and the more addicts gamble, the more they are losing. But very still possible for him to leave gambling to have right mindset back.

The best you can do as a friend is to tell your him to stop gambling for now, let him know the truth that he is just having false thinking that he can make it with gambling, gambling is just for fun, not a way to make money because losses can result. Tell him to tell his people, this will help him to stop. Also, he can try to see a psychologist about it, this will help.

Table games are becoming old fashion, more people will prefer slot casino. The table game is better but people like fast ways of earning, that is why you will see people prefering games that will not take more than 10 seconds for the result to be out. In both table and slot casino games, table games are better but becoming old fashion, while people can still try with experience to make use of slot games and still gain. In the recent ways of gambling as gambling is going more online, what matters most is a way to manage out risk, what we can not afford to lose we should not use to gamble.

I prefer table game though as it is real than programmed algorithms.

Recently I noticed most decentralized exchanges support DeFi tokens and many other altcoins while bitcoin is not supported, only few of them support bitcoin. Exchanges like Uniswap, PancakeSwap and many others supports altcoins. I noticed some people will because of that not having option than to use cryptocurrencies pegged with bitcoin if they are really bitcoin users, I mean coins like wrapped bitcoin and renbitcoin. Some people say it is a way to make active income but many bitcoin users still believe and which is true that bitcoin is bitcoin, that others are altcoin even if pegged with bitcoin. This makes me to research on some decentralized exchanges that can be used to trade for bitcoin. This will be useful for traders that want to convert altcoins to bitcoin or bitcoin to altcoin. I looked for exchange that have good trading volume becaue it will enhance fast trading.

1. Bsiq
Bsiq is a good decentralized exchange, currently having marketcap of $681,498 USD (11.75857697 BTC). The reason this exchange is good is because it has good marketcap, it has many trading pairs, it support cryptocurrencies and fiat (BTC, AUD, BRL, CAD, CHF, EUR, GBP, NZD, SEK, THB, USD), this makes it a way people can use fiat to buy bitcoin without KYC needed.

To know about bitcoin trading pair on bsiq, you can use this link:
https://coinmarketcap.com/exchanges/bisq/

2. ViteX
This is also a good decentralized exchange that have a very good trading volume. It is one with a very high trading volume among decentralized exchanges that support bitcoin, but one more thing about this exchange is that it support many altcoins. BTC, ETH, USDT, VITE pair with others coins on the exchange.
https://coinmarketcap.com/exchanges/vitex/


3. Nash
This is another good decentralized exchange that has BTC, ETH, LINK, NEO, USDC as the major pair. This makes some of the strongest altcoins to be tradable using decentralized method to improve privacy. Nash bridges the gap between crypto and local currencies too. With Nash Link for business, merchants can easily accept crypto from their customers and receive cash.
https://coinmarketcap.com/exchanges/nash-exchange/

For people that are not trading often, decentralized exchanges are the best for privacy. No KYC needed, if no kyc needed, nothing like data leak. We must protect ourselves online.

Than you for the correction, I have edited the title already.

Thanks for contributing but this thread will focus only on bitcoin. Do you think bitcoin will increase price soon due to the reasons above?